#BTC INTRADAY UPDATE

VOLATILITY EXPECTED: MEDIUM

EXPECTED SCENARIO:

$btc holding support. Max R1(31000$) can be tested today. Else Consolidate

We can expect high volatility around 6.30PM UTC/ 11.30PM IST coz of FOMC discussion.

BULL CASE:

Max R1(31000$) can be tested today.

BEAR CASE:

Bearish below INTRDAY FLIP LINE(30600$). Look for Supports S1 and S2 in that case.

NOTE:

On Higher timeframe, Upside next strong resistance is 31000$. We can be bullish above that till 34K$ zone.

On Lower side 25000$ zone is already tested and should hold on weekly. If broken next will be 23500$BTC #bitcoin